2 bed flat for sale

Victoria Place, Banbury OX16

Key features

▪ Recently renewed kitchen and bathroom with rainwater shower head
▪ Lease extension recently carried out until June 2116
▪ Luxury wood effect floor tiling throughout the property
▪ Great location in Banbury close to the town centre, local amenities and train station
Property overview


The property forms part of a purpose-built block of flats constructed around 1988 comprising 65 flats in 8 similar blocks. The block is located off Waterloo Drive just off the Middleton Road in Banbury. The location affords easy access to the Banbury mainline railway station (5 minute walk) and with connection to London Marylebone in 60 minutes and Birmingham and Manchester to the North. Access by car to Junction 11 of the M40 (8 minutes). The block is within walking distance of Banbury town centre and associated facilities.

The property is offered for sale Leasehold with a Lease term that expires in June 2116. The property is subject to an annual Service Charge which is currently £1150.00 per annum (payable yearly, half yearly or monthly). The Service Charge includes the buildings insurance and maintenance of communal areas and the structural elements of the building. The Ground Rent is £211.00 per annum for 2026. There is a significant amount of off street parking spaces on the site which are non allocated.
Property description


The property benefits from its own front and rear entrance doors. The flat is entered from the main entrance door into a hallway off which all rooms are accessed. The flat benefits from wood effect Karndean luxury vinyl tiles throughout, which provides a modern but cosy feel to the flat. There is a cupboard at the end of the hallway that houses the water tank for the property, located next to the bathroom. The spacious living room has windows on two aspects creating a light space with plenty of options for furnishing.

Having been fully refurbished around 5 years ago, the shaker style kitchen cupboards provide a good amount of storage space with neutral tiling and wooden work top to create a modern but warm feel to the room. There is space for an under counter fridge and washing machine to accompany the stainless-steel sink and drainer, built under oven, separate hob and extractor hood over. The bathroom is fitted with a modern suite comprising close coupled W.C., wash basin and bath with shower over. The glass shower screen and rainwater shower head provide a luxury feel to this nicely updated bathroom. There is also a stainless-steel towel rail fitted opposite the bath.

The main bedroom looks out over the courtyard area in the centre of the development and has a double built-in wardrobe for storage. The second bedroom provides space for a double bed and also looks out into the central courtyard.

All room sizes on the floorplan are approximate.

Please note some images have been generated by ai to show the potential of the property. All viewings will be conducted with the flat completely empty of furniture.
Stamp duty due

Based on a sale price of £179,000 the current stamp duty payable would be:
£1080 *
* This value is based on the standard rate. This does not apply to first-time buyers, or second home buyers/buy to let buyers.
Further information

EPC Rating C
Council Tax Band B
Tenure: Leasehold
Utilities: Mains Water, Mains Electricity, Mains Sewage, Telephone Line

Disclaimer Statement: While every effort has been made to ensure the accuracy of the information contained in this advertisement, the details provided are for general guidance only and do not constitute any part of an offer or contract. All descriptions, measurements, photographs, floor plans, and property details are given in good faith but should not be relied upon as statements or representations of fact. Prospective purchasers or tenants are advised to independently verify all information, including property condition, dimensions, planning permissions, fixtures, fittings, and legal matters through their solicitor, surveyor, or other professional advisers. Services, systems, and appliances referred to have not been tested and no guarantee as to their operating ability or efficiency is given. Neither the seller, landlord, nor this agency or any employee or representative has any authority to make or give any representation or warranty whatsoever in relation to this property. Prices, availability, and particulars are subject to change without notice.

Anti Money Laundering Regulations: By law, we are required to conduct anti money laundering checks on all intending sellers and purchasers and take this responsibility very seriously. In line with UK anti-money laundering regulations, all named purchasers and any giftors contributing funds must complete an aml (Anti-Money Laundering) check. Please ensure all relevant parties provide the relevant information for verification to avoid delays. The Anti Money Laundering checks must be completed before the memorandum of sale can be sent to solicitors confirming the sale.